Virginia Economic Review

The Commonwealth of Virginia has existed as a business venture since its inception in 1607, when the Virginia Company of London formed a joint-stock company to bring profits to shareholders and establish an English colony in the New World.

Virginia’s higher education system, consistently ranked as one of the best in the country, is well established as an elite talent incubator. But the Commonwealth’s universities, both public and private, also serve as a launching pad for startup companies.

Paul's Fan Company in Buchanan County was founded in 1958 as a small machine shop servicing the coal mining industry. It evolved over the years to focus on improved mine ventilation, producing turnkey industrial ventilation solutions for companies.

Tom Walker is the founder and CEO of DroneUp, a provider of drone delivery and flight services that has operated out of Virginia Beach since its founding in 2016.

From its humble 1887 beginnings selling food-flavoring extracts and spices from a pushcart on Richmond’s Broad Street, the company formerly known as The C.F. Sauer Company enters the new decade as Sauer Brands, Inc., a leading packaged-food manufacturer.

In the spring of 2018, Kristen Wilson wanted to jump back into full-time work after spending several years at home with her two children.

A confluence of geographical, workforce, and other advantages has put Hampton Roads in a strong position in the caffeinated beverage industry.

With the global threat of terrorism on the rise, Virginia technology security services firms are parlaying security concerns into surging revenue growth overseas. Chantilly-based videoNEXT, which provides security and surveillance management software to U.S.

Timothy D. Sands is the 16th president of Virginia Polytechnic Institute and State University, joining the university in June 2014. VEDP’s President and CEO, Stephen Moret, recently spoke with President Sands about exciting new developments at Virginia Tech.

Greg LeRoy is the founder and executive director of Good Jobs First, a national policy resource center promoting corporate and government accountability in economic development. Good Jobs First provides information on best practices in state and local job subsidies.

Amy Liu is vice president and director of the Metropolitan Policy Program at Brookings and the Adeline M. and Alfred I. Johnson Chair in Urban and Metropolitan Policy.

The year 2006 marked a turning point for the town of Lebanon, for Russell County, and for the Southwest corner of Virginia: CGI, a Canadian company with a strong presence in tech-heavy Northern Virginia, located its first U.S. onshore delivery center in Lebanon.

How Virginia's Plan to Double its Tech-Talent Pipeline by Aligning Resources at All Levels Hits the Bull's-Eye When it comes to building a comprehensive strategy for increasing talent to meet the technology workforce demands of today and tomorrow, there is a nationwide call by employers for talent with skills that include a particular focus on software development, engineering, machine learning, artificial intelligence, user experience design, and user interface design — all competencies with roots in computer science.

In 1969, an ad agency in Richmond developed one of the most enduring tourism marketing slogans of all time — Virginia is for Lovers. In the decades since, the slogan became legendary; not only because it was catchy, but because it was true.

Joel Salatin is the owner and operator of Polyface Farms in Augusta County, which focuses on sustainable, environmentally friendly agriculture. He has authored 11 books, including “Salad Bar Beef,” “Pastured Poultry Profit$,” and “The Sheer Ecstasy of Being a Lunatic Farmer.”

Food and beverage processors operate in an industry where even the most successful companies depend on low margins and economies of scale. That means even the smallest advantage can be a differentiating factor when locating a new facility.

From the Port to Cold Storage to Packaging, Virginia's Supply Chain Helps Feed America and the World The information age has empowered consumers to demand more from their products. Deloitte’s 2019 Future of Fresh study found that two-thirds of U.S.

It's challenging to remember a time when Virginia — the nation’s third-largest seafood-producing state — wasn’t known for its flavorful, briny oysters and succulent clams, but the late 1990s and early 2000s were a dark era for shellfish producers.